Property in dry gultch county is assessed at $305,000,000. the taxes to be raised are $13,750,000.
what is the tax rate?
a. 0.22%
b. 4.5%
c. 0.45%
d. 2.2%

The tax rate is obtained by dividing the amount of the taxes be raised by the cost of the property. Then, multiply the quotient by 100%. The operations are shown below,
                                ($13,750,000) / ($305,000,000) x 100%
The answer is approximately equal to 4.5%. Thus, the answer is letter B.